According to report publish a new market research report on the “Video Streaming Market: Global Size, Trends, Competitive, Historical and Forecast Analysis, 2020-2025”

In its latest report on Video Streaming Market provides a concise analysis of the recent market trends. The report further includes statistics, market forecasts and revenue estimations, which in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players.

Video Streaming Market is valued at USD229.19 Billion in 2018 and expected to reach USD 742.74Billion by 2025 with the CAGR of 18.29% over the forecast period.

Streaming is the process of endless transmission of video files from a server to a viewer side. Streaming video is real time content sent in compressed format over the internet and displayed it to a client. While using streaming video, a web user does not need to wait to download a file.Most streaming video technologies include RealSystem G2 from RealNetwork, Microsoft Windows Media Technologies and VDO. Video streaming works on data streaming principles and sent to a requesting device in small portions. It commonly requires a compatible video player that connects with a remote server. Video streaming always needs real time performance of the IP network to provide the compressed video content. Using advanced streaming technologies, the delivery video via the internet can reach millions of customer using their personal computers, PDAs, smartphones or other streaming devices.

The regions covered in this video streaming marketreport are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of video streaming market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

On October 24th, 2019;Amazon Web Services and NASA introduced cloud-based video processing that can distribute live streams from space, with a shout-out from the International Space Station. Amazon Web Services and NASA took an important step when they demonstrated for the first time how 4K Ultra HD video could be transmitted live from the space station, using a UHD-capable video encoder from AWS Elemental.

The growth ofvideo streaming market is primarily driven by rise in internet usage, extensive level of digitization, growing popularity of social media platforms and rapid adoption of subscription VOD (SVOD) services. For example; according to the data forecasted by Cisco, video currently accounts for about 70% of all internet traffic, and that would hit about 90% in 2020. Peoplewith aged 18 to 34 spent nearly spent 30 hours weekly on smartphones, tablets and other digital devices. Furthermore, upsurge in telecommunication networks in terms of network speed is also supplementing the demand of video streaming. In the entertainment field, it is expected that video streaming is responsible for nearly 30% of overall internet traffic. However, video streaming provides limited flexibility, as pre-encoded video can not be significantly adapted to remote users that support different display capabilities than that used in the original encoding. This may act as a significant barrier and mayhamper the growth of video streaming market.

North America is Expectedto Dominate the Global Video Streaming Market.

North America is expected to dominate global video streaming market due torapid adoption of streaming technologies,upsurge in live streaming incidences and growing number of video subscribers in this region. For example; in North America, around 40% of internet traffic comes from Netflix and other streaming apps. Currently, there is around 61.02 million number of Netflix subscribers in the U.S, where nearly 23% of US adults that stream Netflix on a daily basis.

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